Reuters polls says housing crash ‘unlikely’

A poll by Reuters predicts that house prices will continue to rise but that a crash is unlikely.

The survey asked 25 analysts for their predictions, and more than half think that the market will peak this year, but hasn’t yet.

They also predict that, although the housing market is overvalued, as interest rates rise, the market will cool.

The consensus is that we will not see a crash largely because of tougher lending regulations.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate